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Investment Highlights

  • Large Core Asset in South Bay Submarket
  • Gated entry to property with on site parking for 85 vehicles, laundry room, pool and fitness room.
  • Gated community featuring pool, fitness center, and laundry amenities.
  • 98% Occupancy with significant upside in rental income as units turnover
  • Located near major transit routes, including I-105, I-110, and I-405 freeways.

Executive Summary

This 95-unit multifamily complex, situated in the Harbor Gateway North submarket, offers investors a robust opportunity to acquire a stabilized large-scale asset in the heart of Gardena, CA. The property features gated entry, on-site parking for 85 vehicles, ample resident amenities including a pool, laundry facilities, fitness center, and courtyard. With a current occupancy rate of approximately 98% and significant potential upside in rental income as units turnover, the asset demonstrates strong revenue stability with room for growth.
Positioned in a highly accessible location, the property benefits from proximity to major Southern California transportation arteries, including the I-105, I-110, and I-405 freeways, as well as convenient routes into downtown Los Angeles and the South Bay. The submarket is supported by diversified employment centers and strong rental demand driven by the property’s connectivity to LAX and the ports of Los Angeles and Long Beach. With recent renovations completed in 2026, this property combines operational stability with long-term value appreciation potential, making it an attractive acquisition for both institutional and private investors.

Financial Summary (Pro Forma - 2027) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2027) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $21,832,420 CAD
Price Per Unit $229,815 CAD
Sale Type Investment
Cap Rate 6.12%
Gross Rent Multiplier 9.71
No. Units 95
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.24 AC
Building Size 60,551 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1966/2026
Parking Ratio 1.96/1,000 SF
Zoning LAC2 - Commercial - C1.5 Uses; Retail w/ Limited Manufacturing, Service Stations and Garages, Retail Contr. Business, Churches, Schools, Auto Sales, R4 Uses

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Pool
  • Grill

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 37 - 385
1+1 57 - 480 - 520
2+1 1 - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
6119-015-016
Land Assessment
$9,771,833 CAD (2025)
Improvements Assessment
$13,478,391 CAD (2025)
Total Assessment
$23,250,224 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2027 Payable 2027
  • Listing ID: 40715296

  • Date on Market: 2026-05-29

  • Last Updated:

  • Address: 835 W Rosecrans Ave, Gardena, CA 90247

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